MMC CEO Dan Glaser News

Get Ready for the Insurtech Revolution, Act 2

The digital revolution in insurance is about to begin its second act. Having in its first phase used science and technology to inspire a rethinking of insurance that is making insurance easier and more efficient to buy and sell, and …

Is the Reinsurance Cycle Dead or Just Dormant? Executives Discuss New Realities

Many reinsurance executives have been left scratching their heads in surprise after last year’s natural catastrophes, which cost a whopping $100 billion but ended up having very little impact on rates. The insurance and reinsurance market isn’t behaving as it …

Marsh & McLennan Moved Quickly as Stars and People Aligned in JLT Deal

Marsh & McLennan Inc. (MMC) has been preparing for a major acquisition and admiring its competitor Jardine Lloyd Thompson (JLT) for years. So right after the CEOs of the two firms met on Sept. 7 and he sensed an opening, …

Former Marsh Executive Bob Newhouse Dies on Aug. 26

Former insurance industry executive and innovator, Robert “Bob” J. Newhouse Jr. died on August 26, 2017, following a brief illness. He spent 36 years at Marsh & McLennan Cos. (MMC), where he served as a senior executive for Guy Carpenter …

Doyle Named to Succeed Departing Zaffino as CEO of Marsh

Marsh & McLennan Companies Inc. has appointed John Doyle as chief executive officer of its broker Marsh, effective immediately. Doyle will report to Marsh & McLennan Companies President and CEO Dan Glaser and continue to serve on the company’s Executive …

Marsh Says It’s ‘On Track’ After Q3 Results

Marsh & McLennan Cos. Inc. reported $3.12 billion in consolidated revenue for the third quarter, a decline of about one percent compared to the same quarter last year, along with an 8.7 percent jump in net income to $323 million. …

MMC CEO Glaser Surveys Competitive Landscape in Wake of Consolidation

Recent merger deals in the insurance industry among its competitors and carrier partners should not hurt Marsh & McLennan (MMC) and could instead make its insurance and reinsurance advisory services even more important, according to Dan Glaser, MMC chief executive …